Debt Recovery

Legal Studio has extensive experience in Debt Recovery

Managing the cash flow of your business is key to its long-term success. Sometimes debts are not paid on time, or at all, and debt recovery action is required. Legal Studio can assist when the need for debt recovery arises.

Key documentation in recovering debts owed include:

A contract, or order confirmation;

Invoices, bills and requests for payment;

Any chasing letters or emails to the customer; and

Any complaints, comments or correspondence from the customer.

COMMON CLAIMS CAN INCLUDE, BUT ARE NOT LIMITED TO:

A party paying you late for goods or services that you provided to them;

A party failing to pay you for goods or services that you provided to them;

Not receiving debts in time to pay staff wages or bills;

Being unable to locate a debtor;

A party disputing that they do not owe you money; or

A party disputing the amount of money that they owe to you.

LEGAL STUDIO WILL BE ABLE TO:

Understand the specific needs of your business;

Provide practical and pragmatic advice on recovering the money that you're owed;

Advise on the full range of options available, including court proceedings, statutory demands, bankruptcy and winding up;

Help reduce the impact of any dispute;

Help you improve your cash-flow;

Allow you to continue with the daily running of your business;

Assist with legal documents and court enforcement; and

Advise on funding options including No Win, No Fee or No Win, Low Fee options.